Plan Ledger DOL Form 5500 · updated monthly

Carolina Comfort Air, Inc.401(k)

CAROLINA COMFORT AIR 401(K) PLAN · CLAYTON, NC · plan year 2024

Reported admin expense ratio · 2024
1.03%

Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works

Carolina Comfort Air, Inc. reported $23,360 in plan administrative expenses for 2024: 1.03% of average plan assets, higher than ~75% of peers. Employer contributions averaged $472 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio has held roughly steady near 1.03%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in North Carolina (1,715th of 2,005), and 4,654th of 5,337 in construction. In 2024, employees put in $3.18 for every $1.00 the employer contributed; active participation has grown from 209 to 253 since 2022.

Plan summary
Net assets, end of year$2,550,256
Participants with balances279
Active participants253
Employer contributions$119,432
Employee contributions$380,214
Employer contribution per active participant$472
Average account balance$9,141
Benefits paid to participants$148,226
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.6M · 279 accts · $119K emplr
2023$2.0M · 257 accts · $92K emplr
2022$1.6M · 192 accts · $109K emplr
The Carolina Comfort Air, Inc. 401(k) match · 2024
Employer contribution per active participant$472
Median for plans this size$1,313
2024$472 per active participant
2023$395 per active participant
2022$520 per active participant

Carolina Comfort Air, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
FIRST NATIONAL TRUST COMPANY · Investment advisory (plan)$14,978
RETIREMENT PLAN SOLUTIONS INC · Contract administrator$2,710
EMPOWER ADVISORY GROUP, LLC · Investment management$166

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$23,360 · 1.03%
2023$18,518 · 1.05%
2022$16,333 · 1.05%
Same employer
Similar plansConstruction · North Carolina
Pitt Electric, Ori, LLC NC$2.8M · 1.16%
Sylvester & Cockrum, Inc. NC$2.8M · 0.70%
Powerworks Electric, LLC NC$2.2M · 0.22%
Doggett Concrete, Inc. NC$2.0M · 0.90%
Aptus Group USA NC$1.9M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 260266779 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.